Arbitrators May Consider Breach Of FINRA Rules Even In The Absence Of A Private Cause Of Action

Cody Berne of Stoll Berne has this article discussing the the Fourth Circuit’s decision in Interactive Brokers LLC v. Saroop, holding that arbitrators did not manifestly disregard the law by considering breaches of FINRA rules that did not permit the assertion of a private cause of action.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s